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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 15,130 $ 7,151
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 380 505
Depreciation 1,310 924
Foreign currency exchange loss 183 269
Change in fair value of contingent consideration 318 132
Share-based compensation 1,507 1,148
Provision for doubtful accounts and inventory valuation 705 951
Changes in operating assets and liabilities (14,894) 3,144
Net cash and cash equivalents provided by operating activities 4,639 14,224
Cash flows from investing activities:    
Purchases of marketable securities (57,134) (22,449)
Proceeds from sales of marketable securities 54,404 25,355
Purchases of property, plant and equipment (1,442) (1,724)
Net cash and cash equivalents (used in) provided by investing activities (4,172) 1,182
Cash flows from financing activities:    
Redemption of stock warrants 0 (1,025)
Tax payments related to shares withheld for share-based compensation plans (839) (803)
Issuance of shares through share-based compensation plans 122 107
Net cash and cash equivalents used in financing activities (717) (1,721)
Effect of exchange rate changes on cash and cash equivalents 535 701
Net increase in cash and cash equivalents 285 14,386
Cash and cash equivalents at beginning of period 67,770 37,859
Cash and cash equivalents at end of period 68,055 52,245
Supplemental disclosure of cash flow information:    
Income taxes paid $ 249 $ 208